New international subsidiary in Russia supports partner business: Wincor Nixdorf, one of the world’s leading providers of IT solutions for the retail and banking sectors, has reinforced its presence in the Russian market and established its own subsidiary.

Jürgen Wilde (60), member of the Board of Directors at Wincor Nixdorf AG and responsible for the retail segment, will relinquish his post for health reasons at the end of the Annual General Meeting on January 28, 2008.

Wincor Nixdorf AG has begun the new 2006/2007 fiscal year with an impressive first quarter: buoyed by particularly solid year-end business, consolidated net sales rose by 13% to €549 million (previous year: €488 million).